To get a title loan in South Carolina with Carolina Title Loans, Inc., you’ll need a state-issued photo ID, a lien-free vehicle title in your name, and your vehicle for inspection. You must also be at least 18 years old. You can start the process online before completing the required verification steps. Read this guide to learn more about how to get auto title loans in South Carolina.

Key Takeaways

• To get a title loan in South Carolina, you need a government-issued photo ID, a lien-free vehicle title in your name, and your vehicle for an inspection.
• You must be at least 18 years old to apply for a South Carolina title loan and must own the vehicle outright with no outstanding liens or judgments against the title.
• Carolina Title Loans, Inc. offers title loans from $601 to $15,000, with the amount you may qualify for depending in part on your vehicle's value.
• Your vehicle's condition, make and model, age, and mileage can affect its value and, consequently, the amount you may qualify to borrow with a car title loan.
• You can start the title loan process online, but a store visit is required to verify your documents, inspect your vehicle, determine eligibility, and complete the process.

What are Car Title Loans?

Car title loans in South Carolina are short-term loans that allow qualified borrowers to use a lien-free vehicle title as collateral. At Carolina Title Loans, Inc., loan amounts range from $601 to $15,000, depending in part on the value of your vehicle.

Our title loans aren't reported to the major credit bureaus. So, if you have a good credit score, any mishaps won't affect it! However, you also can't use this loan type to build your credit score.

Designed with emergencies in mind, our customers have used our auto title loans for all kinds of crises, such as:

• Paying for unexpectedly high or entirely unforeseen medical bills;
• Funding urgent travel;
• Paying for overdue utility bills or rent;
• Funding necessary home repairs.

What Do You Need to Get a Title Loan?

You only need a few items to apply for a South Carolina title loan. Before you get started, make sure you have the following three required items ready:

1. Government-Issued Photo ID

You must be at least 18 years old to qualify for a loan in South Carolina. You can prove this with a government-issued photo ID that displays your full name and date of birth. Accepted IDs include your driver's license, South Carolina ID card, military ID card, passport, student ID card, etc.

2. Lien-Free Vehicle Title in Your Name

You must own your vehicle outright and have a lien-free title in your name. A lien-free title means there are no outstanding liens or judgments against the vehicle. If the title isn't currently in your name, you'll need to complete a title transfer before applying.

3. Your Vehicle

We will have to inspect the vehicle associated with the title to see what it's worth. The value of the vehicle will influence how much you can borrow. You can only use cars, trucks, or vans; motorcycles, RVs, trailers, boats, and similar vehicles are not accepted.

We will not keep your vehicle during the loan period; we only inspect it to determine its value. 

What Determines My Loan Amount?

Keep in mind, there are a few things to consider about your vehicle before you try to get a title loan. Numerous factors affect your vehicle that consequently impact the loan amount, including:

• Your vehicle's condition — Keeping up with regular maintenance, changing your oil, and rotating your tires occasionally all contribute to the overall health of your vehicle. Therefore, ensuring it's worth more. 
• Your vehicle's make and model — What type of vehicle you have can influence its value. A luxury car like an Audi A4 is likely worth more than a Kia Sorento. Don't worry if you don't have a luxury vehicle; you can still qualify for emergency cash as long as your vehicle has retained value. 
• The age of your vehicle — As manufacturers release newer models, the old ones decrease in value. Vehicles often lose up to 60% of their value in the first five years.
• The mileage on your vehicle — The higher the miles, the more wear and tear on your car. Thus, the less it is worth. Borrowers with an older car but fewer miles may be worth more than a newer model with higher miles, depending on the make and model.

How to Get a Title Loan in South Carolina

Once you've got all the documents and vehicle ready and are set to begin the process, follow these steps to get car title loans in SC:

1. Submit the complete online form on the website. Sit back and wait for one of our loan representatives to contact you. They will arrange a meeting at our nearest South Carolina store, answer your questions, and explain the required documents.
2. Bring the documents and your vehicle to your agreed location. One of our friendly loan experts will evaluate your items and vehicle to verify your total loan amount and whether you qualify for approval.
3. After they have examined your information, they will tell you whether you qualify. If you're approved, the loan specialist will help you complete simple paperwork. Finally, you'll receive the amount you are eligible for on the same or the next bank business day.

FAQs About Title Loan Requirements

Do I need a driver's license?

A driver's license isn't explicitly required. You can use it to prove your identity and age, but other state-issued photo IDs are also accepted. 

Does the car title have to be in my name?

Yes. If your vehicle title is not in your name, you must first get a title transfer. 

What does lien-free mean?

Lien-free is when a title is clear of any outstanding liens, debts,s or judgments. It means you own the title fully and can use it as collateral for loans. 

Do I need insurance to get a title loan?

Whether you need insurance depends on the lender. If you don't have insurance, call the store you intend to work with to determine whether insurance is required. 

Can I keep driving my car after getting a title loan?

Yes, we keep your vehicle title, not your car. Keep making your payments, and you will get to keep your vehicle during the title loan period.

Do title loans go on your credit report?

No, we do not report our loans to the major credit bureaus. You won't have to worry about a car title loan affecting your credit score. 

Can you get online title loans with no store visit?

No, you will have to visit one of our stores. However, the in-person process can take as little as 30 minutes.

Get Car Title Loans In SC Now

If you have a qualifying vehicle, a lien-free title in your name, and an accepted photo ID, you can start the title loan process online. After submitting the online form, a loan representative can explain the next steps and arrange your required store visit.

If you have any other questions before you start, don't hesitate to get in touch. Our expert loan associates are always available to help. When you're ready, fill out our online title loan form to get started.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.